Gross and net flows for direct to consumer investment platforms continued their downward trend in 2023, hitting their lowest point in the fourth quarter of 2023, according to a new report.

Six months after it was implemented, over two fifths (45%) of IFAs believe the Consumer Duty has made it harder to advise clients.

High Net Worth investors - those with assets of more than £250,000 - expect Labour would if a general election if it was held this week, according to new research.

The Financial Services Compensation Scheme (FSCS) has declared SIPP and SSAS provider Hartley Pensions in default.

Over 2 in 3 (71%) financial advisers report that fear of outliving their pension savings was the primary concern expressed by retirement clients, according to a new report.

Net new business dropped 38% year-on-year to £1bn for Hargreaves Lansdown for the six months ended 31 December 2023 (H1 2022/23: £1.6bn).

Statutory pre-tax profit at Jupiter Asset Management slumped by 84% to £9.4m for the year ended 31 December 2023 (2022: £58m) against a tough economic backdrop.

Investment provider Abrdn has launched a new MPS product, the Abrdn Money Market MPS, to meet client for a low risk MPS alternative to cash products.

Canada Life has reported record sales of individual annuities in 2023 of £1.2bn, up 121% on 2022.

Two financial companies offering LCF-style investment ‘bonds’ have been shut down after a £3m fraud against investors.